Welcome to what Goldman Sachs is calling “reflation desperation”. For policymakers and investors, this will be a nauseating and probably lengthy ride.The embarrassing reset has come about because it turns out the inflation dragon had not been slain after all, despite markets in effect calling victory over it late last year.
欢迎加入高盛(Goldman Sachs)所称的“再通胀绝望”(reflation desperation)之旅。对于政策制定者和投资者而言，这将是一次令人不适、很可能十分漫长的旅程。
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